In 2012, the LBJ Library underwent a multimillion-dollar redesign, during which most of the exhibits were closed. On December 22, the Library reopened to the public. In 2013, the Library began charging admission for the first time since its dedication in 1971.[5] The library's director, Presidential historian Mark K. Updegrove, resigned his position in February 2017.[6] Historian Kyle Longley was named director of the library in June 2018, and assumed duties later that July.[7]

The Library, adjacent to the LBJ School of Public Affairs, occupies a 14-acre (57,000 m²) campus. Although the Library is on the grounds of UT Austin, it is federally run and independent from the University. The top floor of the Library has a 7/8ths scale replica of the Oval Office decorated as it was during Johnson's presidency. Another exhibit features an animatronic LBJ.

The LBJ Library provides year-round public viewing of its permanent historical, cultural, and temporary exhibits to approximately 125,000 visitors each year.[8] It is open from 9 a.m. until 5 p.m. seven days a week throughout the year. The Library is closed on Thanksgiving, Christmas, and New Year's Day.[9]

Among the artworks on display at the Library and Museum is a photoengraved mural depicting scenes from Johnson's life created by Naomi Savage.[10]